Global Economy

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Mohamed Abdi Hassan, aka “Afweyne” or “Big Mouth,” Somalia’s Most Successful Pirate Announces Retirement Due to Decline in Pirateable Ships

The world economy is taking a toll on Somali pirates as Somalia’s most successful pirate announces his retirement because it is no longer profitable for him to continue. Mohamed Abdi Hassan catapulted to fame in 2008 when he and his crew seized the Sirius Star, a Saudi Arabian tanker loaded with $100 million worth of oil and roughly equivalent in […]

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Japanese Economy Heading Towards a Recession

Preliminary figures suggest that the economy of Japan is heading for a recession after a year with strained relations with China, a major trading partner, and an extremely strong yen currency, both of which have combined to result in a slowdown for the world’s third largest economy. Revised official data on Monday morning showed that […]

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Richard Wilkinson: “How Economic Inequality Harms Societies.”

Richard Wilkinson has studied History at the London School of Economics and receives his Masters from both the University of Pennsylvania and the University of Nottingham, his second being in “Socio-economic Factors in Mortality Differentials.” Along with Kate Pickett he founded the Equality Trust, an organization that attempts to explain the social benefits of a […]

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